Blue Ridge Sells Apple, Buys Tesla, Zillow in Q2 - 13F
- Nasdaq, S&P tumble as Netflix, chip stocks drag; AmEx boosts Dow
- Sony/Apollo bid for Paramount could be worth as much as $29 billion - Source
- Netflix Q1 earnings top estimates on blowout subscriber growth
- Nasdaq tumbles, Treasuries dip amid earnings, geopolitical crosscurrents
- Gold prices rally past $2,400 on reports of Israel strikes on Iran
- Tritium DCFC Limited (DCFC): Three Australian subsidiaries were determined to be insolvent or likely to become insolvent
- Hasbro (HAS) Announces Resignation of Cynthia Williams, President of Wizards of the Coast and Hasbro Gaming
- Jabil falls after placing CEO on paid leave amid internal investigation
- Frontier Communications (FYBR) says third party had gained unauthorized access to portions of its information technology environment
- Ibotta (IBTA) Prices 6.56M Share IPO at $88/sh
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
- After-hours movers: Alcoa rises; Equifax and Las Vegas Sands fall
- Midday movers: Travelers, JB Hunt fall; United Airlines rises
Dougherty & Co Reiterates Neutral on Fitbit (FIT) as Flex 2 and Charge 2 Images Surface
August 17, 2016 9:59 AM EDTDougherty & Co reiterated a Neutral rating on Fitbit (NYSE: FIT) after TechnoBuffalo published images of what it believes to be the company's forthcoming Flex 2 and Charge 2 activity trackers. The upcoming release of the Flex 2 and the Charge 2 have been well-telegraphed for months. However, very... More
Chesapeake Energy (CHK) Prices $1.5B Term Loan Facility
August 17, 2016 6:06 AM EDTChesapeake Energy Corporation (NYSE: CHK) announced that it successfully priced its proposed term loan and, as a result of strong demand, has upsized the term loan to $1.5 billion from a previously announced size of $1.0 billion. The term loan is being arranged by Goldman Sachs Bank USA, Citigroup... More
Barclays Lifts PT on Chesapeake Energy (CHK) to $3; Sees Cash Flow Improving Post-Barnett Exit
August 16, 2016 11:09 AM EDTBarclays boosts its price target on Underweight-rated Chesapeake Energy (NYSE: CHK) from $1 to $3 following recent company progress in midstream contracts and Barnett Shale play.
Analyst Thomas Driscoll commented today, Chesapeake has improved its economics by addressing above-market midstream contracts in several regions and by exiting the Barnett. We are increasing 2018 EBITDA estimates (or PICF) by $635 million to... More
Credit Suisse Raises Price Price Target on Kraft Heinz (KHC) to $100; Reiterates Outperform
August 16, 2016 11:07 AM EDTCredit Suisse reiterated an Outperform rating on Kraft Heinz Company (NASDAQ: KHC), and raised the price target to $100.00 (from $98.00), after adjusting estimates.
Analyst Robert Moskow commented, "We are raising our target price for Kraft Heinz to $100/share and our 2017 EBITDA estimate... More